Who Says Chinese Investors Can’t Own Bitcoin? Mystery Firm Pours $436 Million Into BlackRock’s ETF
Posted On February 18, 2026
According to Bitwise Invest advisor Jeff Park, China may be seeing “capital flight” into crypto.
Is Chinese Capital Entering Quietly?
Recent 13F filings show Laurore Ltd., a previously unknown Hong Kong–based firm, as a major holder of BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT).
The filer is listed as “Zhang Hui,” a common Chinese name.
Laurore has no website, public profile or operating history.
Its structure, likely based in the Cayman Islands or British Virgin Islands, resembles a typical offshore vehicle used to access U.S. markets.
Notably, the firm reports holding just one asset: …
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